Connect with us

Edu News

White paper on ESG investing by students of NMIMS Navi Mumbai campus 

Study covers trends of ESG investing in a fast-growing economy like India and its role to guide Government, Investors, and Companies to build a sustainable business economy

EP Staff



●     Study on recent and upcoming IPOs finds FabIndia’s upcoming IPO as India’s first ESG-focused IPO due to its Environment conscious business model-based inclusion and sustainability

●     Study covers investment patterns in companies that focus on conscious consumerism across varied categories like home, personal care products, restaurants, jewellery, etc

Students of NMIMS Navi Mumbai Campus prepared a white paper on the increasing importance of ESG investing and its role in the investment decision of institutional and retail investors. The white paper, titled “Emerging Landscape of IPOs focused on ESG,” was compiled and submitted by students of BSc. Economics Finance.

According to the white paper, Fund managers across Global Institutional Brokerages, Banks and Sovereign Pension funds are assessing companies based on adherence to ESG norms. Over 80% of institutional investors have made it mandatory to include ESG in their future decisions. The investors are looking to invest responsibly and seek ESG compliance reports from companies to assess their long-term options on various parameters.

The study accentuates that ESG plays a pivotal role in the financial and fundamental credit analysis of a particular company. These factors measure the ethical standards and sustainability of investments in a particular company. Many investors evaluate companies based on ESG criteria while making their selection. Hence, this is a concept that is very important to companies. There is an increasing expectation that companies will adopt environmentally, socially and economically sustainable business activities.

The project also covered an extensive study of documents such as the Draft red herring prospectus (DRHP) of recently filed and approved IPOs. The white paper put the spotlight on the upcoming FabIndia IPO and cites it as a great example for the Indian corporate industry. Terming it India’s first ESG-focused IPO the report highlights several inclusive policies and sustainable practices of the company. The study finds that FabIndia enables and uplifts artisans, investors, and employees leveraging environmentally responsible and ethical practices.

The white paper states that FabIndia has preserved the traditional knowledge and utilised it to develop its products. The meticulousness and attention to detail witnessed in the handicraft products make FabIndia a responsible producer and supporter of rural communities. The company has improved its quality and capacity by directly sourcing from farmers and artisans. Hence, it also works toward helping women artisans find job opportunities close to their homes which helps them reach a large demographic across the entire country. 

FabIndia’s unique business model covers several ESG parameters and best practices which are done for the first time in India. The umbrella-category store brand has been practising ESG for the last sixty years of its inception by focusing on developing sustainable, authentic, and Indian traditional lifestyle products. FabIndia has created a differentiated supply-side community by engaging a network of artisans and farmers across India.

With modernisation growing rapidly, in the last decade, FabIndia has moved a step further by not only adopting modernisation but also acclimatising its traditional roots to this change. 

Congratulating students for the successful completion of the white paper Dr. Parthasarathi Mukherjee, Director of NMIMS Navi Mumbai Campus said, “Our students have done extensive research on a very relevant and future-facing topic of ESG Investing. Investors across the globe are aware of the financial consequences of sustainability-related risks and opportunities and factor the same in their investment decisions. This factor has led to increased investor interest and demand for ESG reporting, ESG ratings, and ESG-related products. We encourage our students to cover emerging trends as it brings them closer to the industry’s best practices.”

The white paper mentions that ESG attracts talent, reduces costs, facilitates top-line growth in the long run, and creates a sense of trust amongst consumers. It identifies a global trend where companies have become sensitive to ESG to achieve a competitive advantage, minimise regulatory interventions, reduce operational costs, and boost top-line growth.

Ms. Rakhi Raturi, Assistant Professor, NMIMS Navi Mumbai Campus, was the project’s mentor and guided students studying BSc. Economics Finance, namely Pavitra Kanakia, Vidit Vaswani, Janhavi Gangawane, and Aryan Khatri on the project.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Edu News

NMIMS SBM Offers MBA (Part-Time) Program for Working Executives

The program focuses on providing a holistic education to enhance their employability

EP Staff



Start your professional learning journey now with the best-in-class MBA (Part-Time) program with the most sought-after prestigious NMIMS, School of Business Management, featured in the top 100 global B-schools as per Financial Times MiM 2022 ranking. A highly respected business school in India with a legacy of 41 years and a prestigious faculty announces admissions open for their MBA (Part-Time) program at their Mumbai campus.

This program offers an opportunity for working executives to acquire a high-end compact management qualification through rigorous and qualitative in-class learning and practical exposure to industry expertise. The program focuses on providing a holistic education to enhance their employability, exposing working executives to contemporary trends and practices in management. It also provides excellent academic resources coupled with industry best practices to boost the managerial competence of executives.

NMIMS SBM MBA (Part-Time) is accredited by Advance Collegiate Schools of Business (AACSB) for working executives who want to enhance their skills and advance their careers. NMIMS has world-class pedagogy to provide students with a comprehensive and engaging learning experience. NMIMS SBM has a team of experts with extensive experience in the business world. The program structure is upto 40% hybrid and 60% in the classroom, whereas Bloomberg Certification Program will help students use financial analysis tools more efficiently. 

“The program is specifically meant for executives who have spent quality time in the industry and have adequate exposure to managerial roles and responsibilities. The two-year MBA (Part-Time) program will offer an opportunity for participants to hone their managerial skills and enable them to contribute better to their decision-making. It has been designed to empower students with a well-planned schedule that allows for a balance between study and work,” said Dr. Prashant Mishra, Dean School of Business Management.

Dr. Pradeep Pai, Program Chairperson, MBA (Part-Time), School of Business Management, said, “NMIMS SBM is proud to offer this innovative program to working professionals who wish to take the next step in their careers. We believe that this program will be a preferred executive education program for working professionals seeking to upgrade their qualifications by acquiring a widely acclaimed MBA degree.”

The MBA (Part-Time) program goes beyond traditional education by providing learners value-added workshops and industry connections. Our curriculum is regularly updated to ensure students receive the most current knowledge. The program helps them gain a practical and theoretical understanding of the industry and creates a network of professionals for them as they progress.

Eligibility Criteria:

  • 50% in Graduation from a recognized University in any discipline. (Distance/Part time/Full time)
  • Minimum 3 years of work experience in an executive or supervisory capacity or self-employed after graduation & up to the date of written test/personal interview.
  • The work experience should be full-time experience and should NOT include internships, projects, training periods, trainee (management, engineering), etc.

Selection Process:

Written Test conducted for MBA (Part-Time) by NMIMS OR Candidates with GMAT score of 600 and above (GMAT score of last 5 years up to the closure of registrations will be considered) OR Candidates with a score of 200 and above in NMAT by GMAC examinations for 2020 admission AND Personal Interview

Continue Reading

Edu News

eSecForte visited Northeast to strengthen Industry-Academia Interface for Achieving Effective Cybersecurity Prospects  

The team also visited the Indian Institute of Information Technology (IIIT), Manipur and interacted with students on the topic of Digital Forensics Challenges and career options

EP Staff



In an effort to create a holistic ecosystem for cybersecurity in the country, the team from eSecForte led by Lt Col (Dr.) Santosh Khadsare  (Retd), VP Digital Forensics  & Incident Response  visited the National Institute of Electronics and Information Technology (NEILT), Kohima and held discussions with the director of the institute, L. Lanuwabang. The deliberations were focused on enlarging the gambit of cybersecurity especially digital forensics in the country and how eSecForte and NEILT can come together to contribute effectively in this regard. 

The team also visited the Indian Institute of Information Technology (IIIT), Manipur and interacted with students on the topic of Digital Forensics Challenges and career options. The discussion entailed how the use of digital forensics can prove instrumental in bringing the perpetrators of cybercrimes to the book. The various challenges related to the implementation of tools and methodologies of digital forensics were also part of the very constructive dialogue that was held between our team and enthusiastic students. 

The team lead had a very fruitful discussion with Dr Krishnan Bhaskar, Director, IIIT, Imphal and discussed how the Industry-Academia interface can do wonders in the field of cybersecurity and digital forensics. Specifically, detailed deliberations were held on devising exchange mechanisms and collaborative opportunities so that industry and academics can come together and lead to the creation of a self-sustainable ecosystem in the field of cybersecurity. Such development will ensure that cases related to the cybercrimes are dealt swiftly and lead to desired outcomes in terms of ensuring justice and well-being for all participating stakeholders. 

In the next leg of the reaching out journey, eSecForte’s team paid a visit to the National Forensic Science University (NFSU), Imphal campus and exchanged ideas with the campus coordinator on the latest trends and developments in the field of digital forensics. Apprising the importance of digital forensics to investigating officers, Lt Col (Dr.) Santosh Khadsare  (Retd), VP DFIR interacted with more than 400 trainees of the North Eastern Police Academy (NEPA), Shillong. These aspirants were thoroughly apprised of the importance of digital forensics and its utility in cracking cases related to cyberfrauds, cyberbullying, and other allied crimes associated with cyberspace. Case studies were discussed on how to handle digital evidence at the crime scenes with utmost care so that trace evidence won’t get lost in the logistical procedures and processes. The team showcased flagship products of eSecForte, Digital Forensic workstations and Faraday bags and informed them of the utility of these offerings built under India’s ambitious MAKE IN INDIA (MII) project. 

Continue Reading

Edu News

Roots Collegium signs World Chess Champion Koneru Humpy as Brand Ambassador

Chairman, Sri. B.P.Padala announces Koneru Humpy as the Brand Ambassador of Roots Collegium educational institutions

EP Staff



  • Humpy will be the face of its upcoming brand-related undertakings

Celebrating its 30 years’ legacy in imparting holistic education, Roots Collegium, a well-known educational institution in Hyderabad has today announced World Chess Champion Koneru Humpy as its Brand Ambassador. The appointment of Ms. Koneru Humpy is set to boost the brand image of Roots Collegium amplifying the institution’s philosophy in making its students achieve global exposure.

With the signing up of world chess champion Koneru Humpy as its Brand Ambassador, Roots Collegium will be exploring untapped areas of new-age innovations and add them to its list of achievements in the last 30 years. The fast expanding Roots Collegium, started in 1991, offers intermediate courses and almost all the streams of Bachelor’s degrees. Roots collegium is providing a wide range of courses like BBA, BBA (Business Analytics, B.Com (General, computers, sales), BA (Mass Communication, Psychology, and modern languages), and B.Sc. (Data Analysis). The college provides a variety of courses in design, film and media, visual arts, hotel management, culinary arts, and also many other certificate courses.

Reacting to her appointment, Koneru Humpy said “It is my pleasure to be the brand ambassador of Roots Collegium. I thank Sri. BP Padala gaaru for the honour. Roots Collegium as an institution has been offering the best educational facilities for its students for the last 30 years. Roots and I share a similar journey as we both have started our journey’s 30 years back. We both have same passion, integrity and ethics. That’s the special part about Roots Collegium, to which I instantly related to. And now we are ready to travel together.  As an ambassador, I look forward to contributing my committed services to the college and helping them grow in stature. I will take part in each and every event of the college and would like to share my thoughts and way-forward ideas in all its initiatives. Once again I want to thank all the staff and management for choosing me as a brand ambassador.”

Koneru Humpy is the FIDE Women’s rapid chess champion of 2019. She became the youngest woman to achieve the title of a Grandmaster back in 2002 at the age of 15. Her association will be an added feather to the cap of Roots Collegium’s growing achievements and a historic moment in its journey. 

The Chairman of Roots Collegium, Sri. B P Padala said “It’s our honour to have such a young and dynamic chess champion, Koneru Humpy as our brand ambassador. I wish the students of Roots Collegium will be motivated by such an inspiring champion who has come across a lot to be in this position today. I have no doubt that with her determination and strong belief, she become a world champion. I hope every student will inculcate the habit of not giving up and fighting for what they want, from her. She will be a role model for each and every student of our institution. I thank Koneru Humpy for accepting this position and people like her will definitely help bring change in society.”

The students of Roots Collegium from different places in Hyderabad city are excited and look forward to listen to the life-changing stories from Koneru Humpy in the future. 

Continue Reading